Jay Bee Laminations Balance Sheet Health
Financial Health criteria checks 5/6
Jay Bee Laminations has a total shareholder equity of ₹1.4B and total debt of ₹251.9M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ₹2.2B and ₹881.6M respectively. Jay Bee Laminations's EBIT is ₹392.7M making its interest coverage ratio 6.8. It has cash and short-term investments of ₹224.0M.
Key information
18.4%
Debt to equity ratio
₹251.95m
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹224.00m |
| Equity | ₹1.37b |
| Total liabilities | ₹881.61m |
| Total assets | ₹2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAYBEE's short term assets (₹2.0B) exceed its short term liabilities (₹787.2M).
Long Term Liabilities: JAYBEE's short term assets (₹2.0B) exceed its long term liabilities (₹94.4M).
Debt to Equity History and Analysis
Debt Level: JAYBEE's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JAYBEE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JAYBEE's debt is well covered by operating cash flow (62.6%).
Interest Coverage: JAYBEE's interest payments on its debt are well covered by EBIT (6.8x coverage).